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Car production increases again

THE SOCIETY of Motor Manufacturers and Traders (SMMT) said UK manufacturers built 91,282 cars in August, up 16.2%, or 12,705, on the same period in 2012, leaving year-to-date volumes 3.1% ahead of 2012, at 984,545. The figures showed 20,298 cars were made for the home market this year, up 21.1%, while 70,984 were for export, up 14.8%. SMMT chief executive Mike Hawes said: "The past 12-months has been one of the most productive since late 2008." Samuel Tombs, of consultancy Capital Economics, said the CBI figures showed the manufacturing sector "continuing to go from strength to strength".

London to Brighton Veteran Car Run 2013: in pictures

Nearly 400 pre-1905 cars took to the streets on Sunday 3 November as the 2013 London to Brighton Veteran Car Run took place. Organised by the Royal Automobile Club, the annual 60-mile event started at Hyde Park at 6.58am, with a ceremonial finish along Brighton's Madeira Drive starting just three hours later.

Singapore billionaire Peter Lim invests in McLaren Automotive

Singapore billionaire Peter Lim has invested in McLaren Automotive and has taken a spot on the board of directors along with Ron Dennis, Mansour Ojjeh and the Bahrain Mumtalakat Holding Co., McLaren said on Friday. The company declined to reveal the amount of the investment, but privately held McLaren said it is a “significant amount.” More details of the deal will be announced closer to the Singapore Grand Prix. Lim is ranked as the eighth-richest businessperson in Singapore, according to Forbes, and he owns a chain of Manchester United-themed restaurants and bars in Asia.